Trade discount definition

Trade discount means any discount immediately recognized by a wholesale dealer from the manufacturer, importer, or sales entity affiliate or by a retail dealer from a manufacturer, importer, sales entity affiliate, or wholesale dealer. Trade discount does not include any off-invoice allowances that a wholesale dealer is required, either directly or indirectly, to pass on to a retail dealer or any rebates or coupons as defined in this Chapter that a wholesale or retail dealer is required to offer to the end consumer, but is reimbursed for, either directly or indirectly, by either the manufacturer, importer, sales entity affiliate, or wholesale dealer.
Trade discount means a manufacturer’s payment of con- sideration to a wholesaler to account for differences in the cost of manufacture, sale, or delivery resulting from differing methods or quantities in which the manufacturer’s cigarettes or other tobacco products are sold or delivered to the wholesaler. “Trade discount” does not include allowances.
Trade discount means an amount you get on your own sales based on your title as per the Success Plan.

Examples of Trade discount in a sentence

  • Trade discount offered on individual items must be calculated in the unit price offered.

  • Accounts- Single entry system- Double entry system- Journal- Ledger- Trial balance- Profit and loss Account- Balance sheet- Debtors and creditors- Assets and liabilities- Capital- Gross profit and net profit- Inventory- Invoice- Depreciation- Royality- Hire purchase and installment- Capital expenditure and revenue expenditure- Auditing- Voucher- Working capital- Trade discount- cash discount.

  • Sales are recognized when goods are supplied and are recorded net of Trade discount and other Taxes.

  • SAC|A|E750|||4800|4|10|||||02|||3 Ship-To Sites Sample2: Trade discount allowance for all sites; no header PID segments are needed.

  • Special discount / Rebate/ Trade discount offered by the tenderer if any and accepted by the Undertaking.


More Definitions of Trade discount

Trade discount means a reduction in the selling price of motor fuel if the buyer:
Trade discount means a price reduction that is offered by a cigarette manufacturer
Trade discount means a discount of eight percent (8%) off the RRP of the Products.
Trade discount means a discount of eight percent (8%) off the RRP of the Prod- ucts.
Trade discount means an amount less than the MRP you get on your goods based on your purchase volume as per the Plan*
Trade discount. As an AP you agree to the following:
Trade discount means any discount immediately recognized by